AEP Parties definition

AEP Parties. (collectively) or an “AEP Party” (individually) means the Eastern electric utility subsidiaries of American Electric Power Company, Inc., consisting of Appalachian Power Company, 1 Kingsport Power Company and Wheeling Power Company have separate power supply agreements with Appalachian Power Company and Ohio Power Company, respectively, that govern power transactions between them. Columbus Southern Power Company, Indiana Michigan Power Company, Kentucky Power Company, Kingsport Power Company, Ohio Power Company and Wheeling Power Company.
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Examples of AEP Parties in a sentence

  • A default by any one AEP Party of any of the Obligations under the Documents will constitute a default by all of the AEP Parties.

  • PJM may exercise all rights to setoff of any amounts owed to the AEP Parties against any amount due and owing from AEP, including, but not limited, to any Collateral held by PJM.

  • PJM and AEP acknowledge that based on this Agreement PJM will deal with AEP as if AEP Parties (as defined below) were a single legal entity, and not separate entities, for credit purposes.

  • Each of the AEP Parties agrees that PJM shall determine a net amount for all activities Transactions and/or Obligations under the Documents prior to any allocation of liability by AEP among the AEP Parties in accordance with the AEP Documents for the activities and Obligations incurred by any and/or all AEP Parties, and each AEP Party agrees to save PJM harmless from actions that any one or more AEP Parties may take with respect to PJM pursuant to this Agreement.

  • PJM will provide to AEP one or more invoices which shall be combined to comprise a single net xxxx for all activities, Transactions and/or Obligations incurred by the AEP Parties under the Documents during each billing period.

  • As a private company newly established on February 25, 2016, and indirect wholly-owned Subsidiary of ChemChina, the Offeror has no financial history and does not publish any annual report.

  • In their answer, the AEP Parties admit that OPC is the holder of the Easement, and they “state that the easement was originally a blanket easement and that as presently located runs parallel to County Road 135 on the east side thereof and which is also the western portion of [the Property].” (Id. at ¶ 5, 7).

  • Fast and programmable locomotion of hydrogel-metal hybrids under light and magnetic fields.

  • The AEP Parties state that Nelson cut or trimmed the trees and branches “in accordance with the vegetation management program,” and the AEP Parties “deny for lack of knowledge whether or not the trees were within the easement or whether tree branches were encroaching within the easement or otherwise within the easement prior to the cutting and trimming by [Nelson].” (Id. at ¶ 9).

  • SPP and the AEP Parties state that, although the parties ultimately resolved the matter, AEP was not in a position under the GIA to compel the interconnection customer to defend American Electric Power Service Corporation because American Electric Power Service Corporation was technically not a party to the GIA.

Related to AEP Parties

  • Partnership Parties has the meaning assigned to such term in the preamble.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • Company Parties means the collective reference to Holdings and its Restricted Subsidiaries, including the Borrower, and “Company Party” means any one of them.

  • Sponsor Parties means Sponsor, Vendor, and Utility, their respective successors and assigns, and each of their respective affiliates, agents, directors, officers, and employees.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Company Entities means the Company and the Company Subsidiaries.

  • Partnership Entities means the General Partner and each member of the Partnership Group.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Bank Parties means Administrative Agent and the Banks.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Concert Parties means such Persons as are deemed to be Acting in Concert with AbbVie pursuant to Rule 3.3 of Part A of the Takeover Rules.

  • Investor Parties has the meaning set forth in the Preamble.

  • Transaction Parties As defined in Section 5.3(o).

  • Note Parties means, collectively, the Company and each Guarantor.

  • Selling Parties shall have the meaning specified in the preamble.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Group Companies means the Company and its Subsidiaries.

  • Parent Related Parties means each of Parent, Merger Sub, any of their respective former, current or future equityholders, controlling Persons, limited or general partners, managers, members, Affiliates, directors, officers, employees, agents, attorneys, stockholders, assignees or Representatives.

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.